Englobal (ENGC) 10-Q 10 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 26, 2016	May. 09, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	ENGlobal Corporation
Document Type	10-Q
Current Fiscal Year End Date	--12-26
Entity Common Stock, Shares Outstanding		27,833,427
Amendment Flag	false
Entity Central Index Key	933,738
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Mar. 26, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 26, 2016	Mar. 28, 2015
Operating revenues	$ 14,812	$ 23,102
Operating costs	13,139	18,980
Gross profit	1,673	4,122
Selling, general and administrative expenses	3,390	4,004
Operating income (loss)	(1,717)	118
Other income (expense):
Other income (expense), net	6	619
Interest expense, net	(36)	(22)
Income (loss) from operations before income taxes	(1,747)	715
Provision (benefit) for federal and state income taxes	(998)	92
Net (loss) income	$ (749)	$ 623
Basic and diluted (loss) income per common share: (in Dollars per share)	$ (0.03)	$ 0.02
Basic and diluted weighted average shares used in computing earnings per share: (in Shares)	27,950	27,882

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 26, 2016	Dec. 26, 2015
Current Assets:
Cash and cash equivalents	$ 11,785	$ 7,806
Trade receivables, net of allowances of $377 and $1,150	19,326	24,097
Costs and estimated earnings in excess of billings on uncompleted contracts	3,520	4,062
Other current assets	1,099	1,459
Total Current Assets	35,730	37,424
Property and equipment, net	1,899	2,145
Goodwill	2,806	2,806
Deferred tax asset	10,181	9,137
Other assets	692	688
Total Assets	51,308	52,200
Current Liabilities:
Accounts payable	2,946	3,182
Accrued compensation and benefits	3,421	3,086
Billings in excess of costs and estimated earnings on uncompleted contracts	3,948	3,912
Other current liabilities	1,545	1,690
Total Current Liabilities	11,860	11,870
Long Term Leases	316	318
Total Liabilities	$ 12,176	$ 12,188
Commitments and Contingencies (Note 7)
Stockholders' Equity:
Common stock - $0.001 par value; 75,000,000 shares authorized; 27,916,588 and 28,058,513 shares issued and outstanding at March 26, 2016 and December 26, 2015, respectively	$ 28	$ 28
Additional paid-in capital	37,054	37,185
Accumulated earnings	2,050	2,799
Total Stockholders' Equity	39,132	40,012
Total Liabilities and Stockholders' Equity	$ 51,308	$ 52,200

Condensed Consolidated Balance4

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 26, 2016	Dec. 26, 2015
Trade receivables, allowances (in Dollars)	$ 377	$ 1,150
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares outstanding	27,916,588	28,058,513
Common stock, shares issued	27,916,588	28,058,513

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 26, 2016	Mar. 28, 2015
Cash Flows from Operating Activities:
Net income (loss)	$ (749)	$ 623
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	321	436
Share-based compensation expense	121	125
Loss on disposal of fixed assets	1	0
Non cash change in note receivable	0	(635)
Deferred tax asset	(1,044)	0
Changes in current assets and liabilities:
Trade accounts receivable	4,771	2,520
Costs and estimated earnings in excess of billings on uncompleted contracts	542	(260)
Other current assets	326	164
Accounts payable	(236)	(1,658)
Accrued compensation and benefits	335	425
Billings in excess of costs and estimated earnings on uncompleted contracts	36	(1,506)
Income taxes payable	25	(78)
Other current liabilities, net	(77)	(856)
Net cash provided by (used in) operating activities	4,372	(700)
Cash Flows from Investing Activities:
Proceeds from notes receivable	0	983
Property and equipment acquired	(45)	(313)
Net cash provided by (used in) investing activities	(45)	670
Cash Flows from Financing Activities:
Debt issuance costs	0	(4)
Purchase of treasury stock	(253)	0
Payments on capitalized leases	(95)	(150)
Net cash used in financing activities	(348)	(154)
Net change in cash	3,979	(184)
Cash and cash equivalents, at beginning of period	7,806	6,213
Cash and cash equivalents, at end of period	11,785	6,029
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	38	58
Cash paid during the period for income taxes (net of refunds)	20	170
Supplemental disclosure of noncash investing activities:
Property and equipment purchased through capital lease assignment	$ 0	$ 168

NOTE 1 - BASIS OF PRESENTATION

NOTE 1 - BASIS OF PRESENTATION	3 Months Ended
	Mar. 26, 2016
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1 – BASIS OF PRESENTATION The condensed consolidated financial statements of ENGlobal Corporation (which may be referred to as "ENGlobal," the "Company," "we," "us," or "our") are prepared in accordance with accounting principles generally accepted in the United States of America. The Company consolidates all of its subsidiaries' financial results, and significant inter-company accounts and transactions have been eliminated in the consolidation. The condensed consolidated financial statements of the Company included herein are unaudited for the three month periods ended March 26, 2016 and March 28, 2015, have been prepared from the books and records of the Company pursuant to the rules and regulations of the Securities and Exchange Commission, and in the case of the condensed balance sheet as of December 26, 2015, have been derived from the audited financial statements of the Company. These financial statements reflect all adjustments (consisting of normal recurring adjustments), which are, in the opinion of management, necessary to fairly present the results for the periods presented. Certain information and note disclosures, normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America, have been condensed or omitted pursuant to rules and regulations of the Securities and Exchange Commission. These condensed consolidated financial statements should be read in conjunction with the Company's audited financial statements for the year ended December 26, 2015, included in the Company's 2015 Annual Report on Form 10-K filed with the Securities and Exchange Commission. The Company has assessed subsequent events through the date of filing of these condensed consolidated financial statements with the Securities and Exchange Commission and believes that the disclosures made herein are adequate to make the information presented herein not misleading. A summary of our critical accounting policies is disclosed in Note 2 to the consolidated financial statements included in our 2015 Annual Report on Form 10-K. Our critical accounting policies are further described under the caption “Critical Accounting Policies” in Management's Discussion and Analysis of Financial Condition and Results of Operations in our 2015 Annual Report on Form 10-K. Each of our quarters is comprised of 13 weeks, which includes two 4-week months and one 5-week month (4-5-4 calendar quarter).

NOTE 2 - CONTRACTS

NOTE 2 - CONTRACTS	3 Months Ended
	Mar. 26, 2016
Contractors [Abstract]
Long-term Contracts or Programs Disclosure [Text Block]	Costs, estimated earnings and billings on uncompleted contracts consisted of the following at March 26, 2016 and December 26, 2015: March 26, 2016 December 26, 2015 (dollars in thousands) Costs incurred on uncompleted contracts $ 54,729 $ 67,488 Estimated earnings (losses) on uncompleted contracts 22,237 27,492 Earned revenues 76,966 94,980 Less: billings to date 77,394 94,830 Net costs and estimated earnings in excess of billings on uncompleted contracts $ (428 ) $ 150 Costs and estimated earnings in excess of billings on uncompleted contracts $ 3,520 $ 4,062 Billings in excess of costs and estimated earnings on uncompleted contracts (3,948 ) (3,912 ) Net costs and estimated earnings in excess of billings on uncompleted contracts $ (428 ) $ 150 Revenue on fixed-price contracts is recorded primarily using the percentage-of-completion (cost-to-cost) method. Revenue and gross margin on fixed-price contracts are subject to revision throughout the lives of the contracts and any required adjustments are made in the period in which the revisions become known. To manage unknown risks, management may use contingency amounts to increase the estimated costs, therefore, lowering the earned revenues until the risks are better identified and quantified or have been mitigated. We currently have $2.1 million in contingency amounts as of March 26, 2016 compared to $2.4 million as of December 26, 2015. Losses on contracts are recorded in full as they are identified. Fixed price contracts generally include retainage provisions under which a percentage of the contract price is withheld until the project is complete and has been accepted by our customer. We currently have $6.4 million in retainage as of March 26, 2016 compared to $6.9 million as of December 26, 2015. We recognize service revenue as soon as the services are performed. For clients that we consider higher risk, due to past payment history or history of not providing written work authorizations, we have deferred revenue recognition until we receive either a written authorization or a payment. We currently have $0.1 million in deferred revenue recognition as of March 26, 2016 compared to $0.1 million as of December 26, 2015. This deferred revenue represents work on not–to-exceed contracts that has been performed but has not been billed or booked as revenue due to our revenue recognition policies as the work was performed outside the contracted amount without obtaining proper work order changes. It is uncertain as to whether these revenues will eventually be recognized by us or the proceeds collected. The costs associated with these billings have been expensed as incurred.

NOTE 3 - LINE OF CREDIT AND LET

NOTE 3 - LINE OF CREDIT AND LETTER OF CREDIT FACILITIES	3 Months Ended
	Mar. 26, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 3 – LINE OF CREDIT AND LETTER OF CREDIT FACILITIES Line of Credit Facility On September 16, 2014, we entered into a three year Loan and Security Agreement (“Loan Agreement”) with Regions Bank (“Lender”) pursuant to which the Lender agreed to extend credit to us in the form of revolving loans of up to the lesser of $10.0 million (the "Commitment") or the Borrowing Base (as defined in the Loan Agreement). The Loan Agreement includes a sub-facility for standby and / or trade letters of credit up to an amount not to exceed $2.5 million. There were no loans outstanding under the Loan Agreement as of March 26, 2016 or December 26, 2015. Borrowing Base: Interest: Collateral: Term : Material Covenants: · The Company will not be a party to mergers, acquisitions, consolidations, reorganizations or similar transactions. · The Company will not sell, lease, transfer or otherwise dispose of any of its properties or assets (subject to certain exceptions set forth in the Loan Agreement). · The Company will not declare, pay or make any dividend or distribution on any shares of common or preferred stock or make any cash payment to repurchase or otherwise retire any common or preferred stock, provided that the Company may repurchase up to $2 million of its common stock pursuant to its announced stock repurchase plan, subject to certain conditions. · The fixed charge coverage ratio must not be less than 1.10 to 1.00. · The Company will not permit capital expenditures during any fiscal year to exceed $3.5 million. The Company was in compliance with all of the material covenants of the Loan Agreement as of March 26, 2016.

NOTE 4 - SEGMENT INFORMATION

NOTE 4 - SEGMENT INFORMATION	3 Months Ended
	Mar. 26, 2016
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 4 – SEGMENT INFORMATION The Engineering, Procurement and Construction Management (“EPCM”) segment provides services relating to the development, management and execution of projects requiring professional engineering and related project services primarily to the energy industry throughout the United States. The EPCM segment includes the government services group, which provides engineering, design, installation and operation and maintenance of various government, public sector and international facilities. The Automation segment provides services related to the design, fabrication and implementation of process distributed control and analyzer systems, advanced automation, information technology and electrical projects primarily to the upstream and downstream sectors throughout the United States as well as a specific project in Central Asia. Revenues, operating income, and identifiable assets for each segment are set forth in the following table. The amount identified as Corporate includes those activities that are not allocated to the operating segments and include costs related to business development, executive functions, finance, accounting, safety, human resources and information technology that are not specifically identifiable with the segments. Segment information for the three months ended March 26, 2016 and March 28, 2015 is as follows (dollars in thousands): For the three months ended March 26, 2016: EPCM Automation Corporate Consolidated Revenue $ 8,527 $ 6,285 $ — $ 14,812 Gross profit 634 1,039 — 1,673 SG&A 769 743 1,878 3,390 Operating income (loss) (135 ) 296 (1,878 ) (1,717 ) Other income 6 Interest expense, net (36 ) Tax benefit 998 Net loss $ (749 ) For the three months ended March 28, 2015: EPCM Automation Corporate Consolidated Revenue $ 13,298 $ 9,804 $ — $ 23,102 Gross profit 2,058 2,064 — 4,122 SG&A 724 706 2,574 4,004 Operating income (loss) 1,334 1,358 (2,574 ) 118 Other income 619 Interest expense, net (22 ) Tax expense (92 ) Net income $ 623 Total Assets by Segment As of March 26, 2016 As of December 26, 2015 (dollars in thousands) EPCM $ 8,931 $ 13,009 Automation 18,167 19,570 Corporate 24,210 19,621 Consolidated $ 51,308 $ 52,200

NOTE 5 - FEDERAL AND STATE INCO

NOTE 5 - FEDERAL AND STATE INCOME TAXES	3 Months Ended
	Mar. 26, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 5 – FEDERAL AND STATE INCOME TAXES The Company accounts for income taxes in accordance with FASB Accounting Standards Codification 740, “Income Taxes” (“ASC 740”). Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. We measure deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which we expect those temporary differences to be recovered or settled. We record a valuation allowance to reduce our deferred tax assets to the amount expected to be realized by considering all available positive and negative evidence. During the three months ended March 26, 2016, the Company recognized an income tax benefit of $1.0 million. The Company's effective tax rate was 55.8% for the three months ended March 26, 2016 as compared with 7.1% for the three months ended March 28, 2015. The effective tax rate for the three months ended March 26, 2016 differed from the federal statutory rate of 35% primarily due to state income taxes and a partial valuation allowance on foreign tax credits. The Company recorded only a current state income tax expense for the three months ended March 28, 2015 due to a full valuation allowance on its deferred tax assets. The majority of the valuation allowance was released in the fourth quarter of fiscal 2015.

NOTE 6 - STOCK REPURCHASE PROGR

NOTE 6 - STOCK REPURCHASE PROGRAM	3 Months Ended
	Mar. 26, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 6 – STOCK REPURCHASE PROGRAM On April 21, 2015, the Company announced that its Board of Directors authorized the repurchase of up to $2 million of the Company’s common stock from time to time through open market or privately negotiated transactions, based on prevailing market conditions. The Company is not obligated to repurchase any dollar amount or specific number of shares of common stock under the repurchase program, which may be suspended or discontinued at any time. As of March 26, 2016, the Company had purchased 318,355 shares for $305 thousand under the repurchase program of which 264,611 shares were purchased in the three months ended March 26, 2016 for $251 thousand.

NOTE 7 - COMMITMENTS AND CONTIN

NOTE 7 - COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 26, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 7 – COMMITMENTS AND CONTINGENCIES From time to time, ENGlobal or one or more of its subsidiaries is involved in various legal proceedings or is subject to claims that arise in the ordinary course of business alleging, among other things, claims of breach of contract or negligence in connection with the performance or delivery of goods and/or services. The outcome of any such claims or proceedings cannot be predicted with certainty. Management is not aware of any pending or threatened lawsuits or proceedings that are expected to have a material effect on the Company’s financial position, results of operations or liquidity. The Company carries a broad range of insurance coverage, including general and business automobile liability, commercial property, professional errors and omissions, workers' compensation insurance, directors' and officers' liability insurance and a general umbrella policy, all with standard self-insured retentions/deductibles. The Company also provides health insurance to its employees (including vision and dental), and is partially self-funded for these claims. Provisions for expected future payments are accrued based on the Company's experience, and specific stop loss levels provide protection for the Company. The Company believes it has adequate reserves for the self-funded portion of its insurance policies. The Company is not aware of any material litigation or claims that are not covered by these policies or which are likely to materially exceed the Company’s insurance limits.

NOTE 2 - CONTRACTS (Tables)

NOTE 2 - CONTRACTS (Tables)	3 Months Ended
	Mar. 26, 2016
Contractors [Abstract]
Costs in Excess of Billings and Billings in Excess of Costs [Table Text Block]	Costs, estimated earnings and billings on uncompleted contracts consisted of the following at March 26, 2016 and December 26, 2015: March 26, 2016 December 26, 2015 (dollars in thousands) Costs incurred on uncompleted contracts $ 54,729 $ 67,488 Estimated earnings (losses) on uncompleted contracts 22,237 27,492 Earned revenues 76,966 94,980 Less: billings to date 77,394 94,830 Net costs and estimated earnings in excess of billings on uncompleted contracts $ (428 ) $ 150 Costs and estimated earnings in excess of billings on uncompleted contracts $ 3,520 $ 4,062 Billings in excess of costs and estimated earnings on uncompleted contracts (3,948 ) (3,912 ) Net costs and estimated earnings in excess of billings on uncompleted contracts $ (428 ) $ 150

NOTE 4 - SEGMENT INFORMATION (T

NOTE 4 - SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 26, 2016
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Segment information for the three months ended March 26, 2016 and March 28, 2015 is as follows (dollars in thousands): For the three months ended March 26, 2016: EPCM Automation Corporate Consolidated Revenue $ 8,527 $ 6,285 $ — $ 14,812 Gross profit 634 1,039 — 1,673 SG&A 769 743 1,878 3,390 Operating income (loss) (135 ) 296 (1,878 ) (1,717 ) Other income 6 Interest expense, net (36 ) Tax benefit 998 Net loss $ (749 ) For the three months ended March 28, 2015: EPCM Automation Corporate Consolidated Revenue $ 13,298 $ 9,804 $ — $ 23,102 Gross profit 2,058 2,064 — 4,122 SG&A 724 706 2,574 4,004 Operating income (loss) 1,334 1,358 (2,574 ) 118 Other income 619 Interest expense, net (22 ) Tax expense (92 ) Net income $ 623
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Segment information for the three months ended March 26, 2016 and March 28, 2015 is as follows (dollars in thousands): Total Assets by Segment As of March 26, 2016 As of December 26, 2015 (dollars in thousands) EPCM $ 8,931 $ 13,009 Automation 18,167 19,570 Corporate 24,210 19,621 Consolidated $ 51,308 $ 52,200

NOTE 2 - CONTRACTS (Details)

NOTE 2 - CONTRACTS (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 26, 2016	Dec. 26, 2015
NOTE 2 - CONTRACTS (Details) [Line Items]
Deferred Revenue, Description	Revenue on fixed-price contracts is recorded primarily using the percentage-of-completion (cost-to-cost) method. Revenue and gross margin on fixed-price contracts are subject to revision throughout the lives of the contracts and any required adjustments are made in the period in which the revisions become known. To manage unknown risks, management may use contingency amounts to increase the estimated costs, therefore, lowering the earned revenues until the risks are better identified and quantified or have been mitigated.
Loss Contingency Accrual	$ 2.1	$ 2.4
Deferred Revenue, Current	0.1	0.1
Fixed Price Contract [Member]
NOTE 2 - CONTRACTS (Details) [Line Items]
Loss Contingency Accrual	$ 6.4	$ 6.9

NOTE 2 - CONTRACTS (Details) -

NOTE 2 - CONTRACTS (Details) - Costs in Excess of Billings and Billings in Excess of Costs - USD ($) $ in Thousands	Mar. 26, 2016	Dec. 26, 2015
Costs in Excess of Billings and Billings in Excess of Costs [Abstract]
Costs incurred on uncompleted contracts	$ 54,729	$ 67,488
Estimated earnings (losses) on uncompleted contracts	22,237	27,492
Earned revenues	76,966	94,980
Less: billings to date	77,394	94,830
Net costs and estimated earnings in excess of billings on uncompleted contracts	(428)	150
Costs and estimated earnings in excess of billings on uncompleted contracts	3,520	4,062
Billings in excess of costs and estimated earnings on uncompleted contracts	$ (3,948)	$ (3,912)

NOTE 3 - LINE OF CREDIT AND L17

NOTE 3 - LINE OF CREDIT AND LETTER OF CREDIT FACILITIES (Details) - Line of Credit [Member] - USD ($) $ in Millions	Sep. 16, 2014	Mar. 26, 2016
NOTE 3 - LINE OF CREDIT AND LETTER OF CREDIT FACILITIES (Details) [Line Items]
Line of Credit Facility, Expiration Period	3 years
Line of Credit Facility, Description	revolving loans of up to the lesser of $10.0 million (the "Commitment") or the Borrowing Base (as defined in the Loan Agreement).
Line of Credit Facility, Maximum Borrowing Capacity	$ 10
Line of Credit Facility, Borrowing Capacity, Description	The Borrowing Base is an amount equal to the sum of (a) 85% of the total amount of Eligible Approved Cost Plus Contract Amounts, plus (b) the lesser of (i) 85% of the total amount of Eligible Approved Fixed Price Contract Accounts or (ii) $2,500,000, plus (c) the lesser of (i) 85% of the total amount of Eligible Approved Government Contract Accounts or (ii) $1,000,000, plus (d) the lesser of (i) 75% of the total amount of Eligible Unbilled Accounts or (ii) total revenues from all Accounts over the preceding 30-day period, provided that to the extent that any Eligible Unbilled Accounts consist of Accounts that would be Eligible Approved Government Contracts and be included in provision (c) above if billed there shall be a limitation in eligibility thereof under this provision (d) of $800,000, plus (e) 75% of the total amount of Eligible Costs in Excess of Billings, and minus (f) such amounts as may be required by Lender to be reserved at any time and from time to time.
Debt Instrument, Interest Rate Terms	If the loan is converted to a Base Rate Loan, then such loan will bear interest at a rate per annum equal to the Base Rate (defined as a rate per annum equal to the greatest of (a) the Federal Funds Rate in effect on such day plus 0.50%, (b) the Prime Rate in effect on such day, or (c) a per annum rate equal to LIBOR determined with respect to an interest period of one month plus 1.00%) plus 1.25%.
Line of Credit Facility, Collateral	All obligations of the Company under the Loan Agreement are secured by a first priority perfected lien against any and all personal property assets of the Company (other than certain excluded property).
Line of Credit Facility, Expiration Date	Sep. 14, 2017
Line of Credit Facility, Covenant Terms	The Loan Agreement requires the Company to comply with various financial, affirmative and negative covenants affecting its businesses and operations, including:· The Company will not be a party to mergers, acquisitions, consolidations, reorganizations or similar transactions. · The Company will not sell, lease, transfer or otherwise dispose of any of its properties or assets (subject to certain exceptions set forth in the Loan Agreement). · The Company will not declare, pay or make any dividend or distribution on any shares of common or preferred stock or make any cash payment to repurchase or otherwise retire any common or preferred stock, provided that the Company may repurchase up to $2 million of its common stock pursuant to its announced stock repurchase plan, subject to certain conditions. · The fixed charge coverage ratio must not be less than 1.10 to 1.00. · The Company will not permit capital expenditures during any fiscal year to exceed $3.5 million.
Line of Credit Facility, Covenant Compliance		The Company was in compliance with all of the material covenants of the Loan Agreement as of March 26, 2016.
London Interbank Offered Rate (LIBOR) [Member]
NOTE 3 - LINE OF CREDIT AND LETTER OF CREDIT FACILITIES (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Maximum [Member]
NOTE 3 - LINE OF CREDIT AND LETTER OF CREDIT FACILITIES (Details) [Line Items]
Pledged Financial Instruments, Not Separately Reported, Securities for Letter of Credit Facilities	$ 2.5

NOTE 4 - SEGMENT INFORMATION (

NOTE 4 - SEGMENT INFORMATION (Details) - Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated - USD ($) $ in Thousands	3 Months Ended
	Mar. 26, 2016	Mar. 28, 2015
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 14,812	$ 23,102
Gross profit	1,673	4,122
SG&A	3,390	4,004
Operating income (loss)	(1,717)	118
Other income (expense)	6	619
Interest expense, net	(36)	(22)
Tax expense	998	(92)
Net income	(749)	623
Engineering and Construction [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	8,527	13,298
Gross profit	634	2,058
SG&A	769	724
Operating income (loss)	(135)	1,334
Automation Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	6,285	9,804
Gross profit	1,039	2,064
SG&A	743	706
Operating income (loss)	296	1,358
Corporate Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	0	0
Gross profit	0	0
SG&A	1,878	2,574
Operating income (loss)	$ (1,878)	$ (2,574)

NOTE 4 - SEGMENT INFORMATION 19

NOTE 4 - SEGMENT INFORMATION (Details) - Schedule of Segment Reporting Information, by Segment - USD ($) $ in Thousands	Mar. 26, 2016	Dec. 26, 2015
Segment Reporting Information [Line Items]
Total Assets	$ 51,308	$ 52,200
Engineering and Construction [Member]
Segment Reporting Information [Line Items]
Total Assets	8,931	13,009
Automation Segment [Member]
Segment Reporting Information [Line Items]
Total Assets	18,167	19,570
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Total Assets	$ 24,210	$ 19,621

NOTE 5 - FEDERAL AND STATE IN20

NOTE 5 - FEDERAL AND STATE INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 26, 2016	Mar. 28, 2015
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit) (in Dollars)	$ (998)	$ 92
Effective Income Tax Rate Reconciliation, Percent	55.80%	7.10%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%

NOTE 6 - STOCK REPURCHASE PRO21

NOTE 6 - STOCK REPURCHASE PROGRAM (Details) - Stock Repurchase Program [Member] - USD ($) $ in Thousands	3 Months Ended	11 Months Ended
	Mar. 26, 2016	Mar. 26, 2016	Apr. 21, 2015
NOTE 6 - STOCK REPURCHASE PROGRAM (Details) [Line Items]
Stock Repurchase Program, Authorized Amount			$ 2,000
Stock Repurchased During Period and Held in Treasury, Shares (in Shares)	264,611	318,355
Stock Repurchased During Period and Held in Treasury, Value	$ 251	$ 305